What is behind the stock sell off and will it impact the average Joe?

[yourout]

I am guessing it's largly just profit taking but it also could be the big money types cashing out cause they know the bubble is ready to pop.

[upaloopa]

1. How would they know this?

I don't think they are any wiser than we are. They have money to invest we don't. In my experience investors are followers not leaders.

[Nuclear Unicorn]

5. The Fed is scaling back its Quantitative Easing policy.

Stock prices have gone up because of the currency glut now the extra money is coming to an end. But unless a company's actual value has increased the stock isn't worth the inflated price.

Best to cash out and take that cash and put it someplace where currency inflation can't touch it.

[ClarkeVII]

2. Huge Run

Market is extended and needs to cool off - might drop another 5 - 10%. No biggie.

[hughee99]

3. If "important people" on wall street are losing money because of it,

it will impact the average Joe somewhere down the line.

[Laelth]

4. Argentina's default, I think.

That event seems to have been unexpected.



-Laelth

[pscot]

6. Western Civ is on the rocks

and you're asking what's the problem?

[Boom Sound 416]

7. 'The bubble' is the 85 billion the administration

Is pumping into the banks at zero percent.


When that is over.....pop!

And it looms ever closer